BTC price for 2016

[dezoel]

I think current market price for bitcoin is quite lower than current expectation.

I read new  today about why bitcoin price is gone down with
http://www.pcworld.com/article/3103609/hacking/bitcoin-exchange-bitfinex-apparently-loses-63-million-to-hackers.html this link.

As bitfinex lost 63 million bitcoins due to hacker attack.

I think it will take some time to re-evaluate bitcoin price as per current conditions.

I thought the bitcoin price could reach $1000 in December this year. But after the hack, the price could be only 900.

Well, it will be very difficult. Especially when you notice that each time the price tend to break new highs, the price gets dumped down because suddenly something happens or news comes out that an exchange got hacked at exact that moment.

That's true and its not easy to achieve the price of $1k very easily, we need to have lot of patience to hold our coins till we reach to that price.

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[Bepesand]

I think current market price for bitcoin is quite lower than current expectation.

I read new  today about why bitcoin price is gone down with
http://www.pcworld.com/article/3103609/hacking/bitcoin-exchange-bitfinex-apparently-loses-63-million-to-hackers.html this link.

As bitfinex lost 63 million bitcoins due to hacker attack.

I think it will take some time to re-evaluate bitcoin price as per current conditions.

I thought the bitcoin price could reach $1000 in December this year. But after the hack, the price could be only 900.

Well, it will be very difficult. Especially when you notice that each time the price tend to break new highs, the price gets dumped down because suddenly something happens or news comes out that an exchange got hacked at exact that moment.

That's true and its not easy to achieve the price of $1k very easily, we need to have lot of patience to hold our coins till we reach to that price.

We need to wait between 6 to 18 months for the bitcoin price to reach $1000. We have to be patient.

[romero121]

I think current market price for bitcoin is quite lower than current expectation.

I read new  today about why bitcoin price is gone down with
http://www.pcworld.com/article/3103609/hacking/bitcoin-exchange-bitfinex-apparently-loses-63-million-to-hackers.html this link.

As bitfinex lost 63 million bitcoins due to hacker attack.

I think it will take some time to re-evaluate bitcoin price as per current conditions.

I thought the bitcoin price could reach $1000 in December this year. But after the hack, the price could be only 900.

Well, it will be very difficult. Especially when you notice that each time the price tend to break new highs, the price gets dumped down because suddenly something happens or news comes out that an exchange got hacked at exact that moment.

That's true and its not easy to achieve the price of $1k very easily, we need to have lot of patience to hold our coins till we reach to that price.

We need to wait between 6 to 18 months for the bitcoin price to reach $1000. We have to be patient.

Touching 4digit price is not that simple. As quoted we can experience good price movement for the year 2016. And depending on this the 2017 fluctuations take place. So one or the other way each year looks like a unique year.